These firms recently filed with the U.S. Bankruptcy Court’s local court clerk’s offices.

Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court.

In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.

Maryland District
Greenbelt

Worch Electric Inc.

12120 Whippoorwill Lane, Rockville, Md. 20852

Type of filing: Chapter 7 liquidation

Case number: 14-19676

Date filed: June 16

Attorney: Richard H. Gins, 301-718-1078

Assets: Not disclosed

Liabilities: Not disclosed

Largest unsecured creditor: Not disclosed

District of Columbia

Watergate Wine & Spirits Inc.

2544 Virginia Ave. NW, Washington, D.C. 20037

Type of filing: Chapter 11 reorganization

Case number: 14-00352

Date filed: June 16

Attorney: David E Lynn, 301-255-0100

Assets: zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Greenpenz, $218,535

— Compiled by Vanessa Small